Quote from @David Epstein: I everyone, I know this is an older thread, but I'm also now getting into properties in the Albany area and am in need of a CPA with real estate tax knowledge for advance planning.

Investors who are active in gathering data on local trends while working with knowledgeable agents are able to pick neighbourhoods poised for growth and also comprehend how to best mitigate their risks as they prepare to maximize their return.Myth 3: Distressed Properties Are in Bad LocationsAnother misconception is that distressed properties only exist in bad neighborhoods.

I'm trying to gain as much knowledge as I can before I take any action.

If you don't find the answer or even find new questions, there are tons of tons of knowledgeable people who are happy to help out. 

My passion lies in expanding my portfolio of long-term rentals and diving into property flipping as I grow in this journey.My main goals are to connect with like-minded investors and professionals, share experiences, and soak up as much knowledge as I can from this incredible community.If you’re based in Georgia or working on similar projects, I’d love to connect and hear about your journey!

I know there’s a lot to learn, and I’m eager to absorb as much knowledge as possible.I’d love to connect with others in the Lehi/Utah County area (or beyond!)

Adding the real estate investment and management concentration could definitely be worth it if it gives you solid knowledge and good networking opportunities.

The deeper your market knowledge, the stronger your relationships with agents, contractors, and lenders, and the better your deals will get over time.

Based on your description, Party 1 seems like the safer choice.

If you're eligible, a VA loan is your best choice since it requires $0 down, no PMI, and allows multi-family properties.